The acquisition will enable the Belgian manufacturer to advance the development of its metal expertise and improve its overall supply chain for complex metal additively manufactured parts. The company also plans to develop and improve its metal additive manufacturing software suite by learning from the German manufacturer and its metal manufacturing environment.
“ACTech knows metal and how to shape it to production standard, and we know metal 3D printing. Bringing those two competencies together is vital to the delivery of high added-value metal 3D-printed parts for specialised applications,” said Wilfried Vancraen, founder and chief executive officer, Materialise.
The German manufacturer’s customers will benefit from the acquisition in terms of being given access to the Belgian manufacturer’s metal 3D printed parts service for pre-production design iterations.
The acquisition saw a cash payment of US$42.7 million from the Belgian manufacturer to the sellers, based on based on a total enterprise value of US$52.9 million.
“That position has enabled us to both develop and serve a growing demand for certified manufacturing with dedicated software and solutions,” concluded Mr Vancraen.
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